METAALCONSTRUCTIE HEIRMAN HANS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
METAALCONSTRUCTIE HEIRMAN HANS
Largest movements
- Receivables within one year +€63,120
up €63,120 (+80.5%), from €78,434 to €141,554
of which Trade receivables: +€64,490
- Cash -€25,860
down €25,860 (-6.5%), from €396,567 to €370,707
mainly Receivables within one year (-€63,120) and Trade debts (-€61,444)
- Tangible fixed assets -€10,596
down €10,596 (-22.8%), from €46,433 to €35,837
of which Plant, machinery and equipment: -€14,435
- Trade debts -€61,444
down €61,444 (-64.0%), from €95,978 to €34,534
- Reserves +€57,800
up €57,800 (+42.7%), from €135,315 to €193,115
- Tax, wage and social debts +€19,007
up €19,007 (+269%), from €7,056 to €26,063
- Other debts +€8,463
up €8,463 (+3.7%), from €229,539 to €238,002
- Gross operating margin +€55,718
up €55,718 (+83.2%), from €66,966 to €122,684
- Taxes +€18,320
up €18,320 (+183%), from €9,986 to €28,307
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €542,888 | €566,714 | +€23,825 | +4.4% |
| Fixed assets | 21/28 | €50,121 | €36,299 | -€13,821 | -27.6% |
| Intangible fixed assets | 21 | €2,064 | €327 | -€1,737 | -84.1% |
| Tangible fixed assets | 22/27 | €46,433 | €35,837 | -€10,596 | -22.8% |
| Plant, machinery and equipment | 23 | €45,702 | €31,266 | -€14,435 | -31.6% |
| Furniture and vehicles | 24 | €731 | €4,571 | +€3,839 | +525% |
| Financial fixed assets | 28 | €1,623 | €135 | -€1,488 | -91.7% |
| Current assets | 29/58 | €492,768 | €530,414 | +€37,646 | +7.6% |
| Stocks and contracts in progress | 3 | €9,522 | €9,522 | = | 0.0% |
| Stocks | 30/36 | €9,522 | €9,522 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €78,434 | €141,554 | +€63,120 | +80.5% |
| Trade receivables | 40 | €62,997 | €127,487 | +€64,490 | +102% |
| Other amounts receivable | 41 | €15,436 | €14,066 | -€1,370 | -8.9% |
| Cash at bank and in hand | 54/58 | €396,567 | €370,707 | -€25,860 | -6.5% |
| Deferred charges and accrued income | 490/1 | €8,245 | €8,631 | +€386 | +4.7% |
| Total equity and liabilities | 10/49 | €542,888 | €566,714 | +€23,825 | +4.4% |
| Equity | 10/15 | €210,315 | €268,115 | +€57,800 | +27.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €135,315 | €193,115 | +€57,800 | +42.7% |
| Distributable reserves | 133 | €135,315 | €193,115 | +€57,800 | +42.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €332,573 | €298,599 | -€33,975 | -10.2% |
| Amounts payable within one year | 42/48 | €332,573 | €298,599 | -€33,975 | -10.2% |
| Trade debts | 44 | €95,978 | €34,534 | -€61,444 | -64.0% |
| Suppliers | 440/4 | €95,978 | €34,534 | -€61,444 | -64.0% |
| Taxes, remuneration and social security | 45 | €7,056 | €26,063 | +€19,007 | +269% |
| Taxes | 450/3 | €7,056 | €26,063 | +€19,007 | +269% |
| Other amounts payable | 47/48 | €229,539 | €238,002 | +€8,463 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,615 | €22,403 | -€211 | -0.9% |
| Other operating charges | 640/8 | €981 | €982 | +€1 | +0.2% |
| Gross operating margin | 9900 | €66,966 | €122,684 | +€55,718 | +83.2% |
| Operating profit (loss) | 9901 | €43,371 | €99,299 | +€55,928 | +129% |
| Financial income | 75/76B | €3,254 | €2,784 | -€470 | -14.4% |
| Recurring financial income | 75 | €3,254 | €2,784 | -€470 | -14.4% |
| Financial charges | 65/66B | €15,494 | €15,117 | -€377 | -2.4% |
| Recurring financial charges | 65 | €15,494 | €15,117 | -€377 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €31,131 | €86,966 | +€55,835 | +179% |
| Income taxes | 67/77 | €9,986 | €28,307 | +€18,320 | +183% |
| Profit (loss) for the period | 9904 | €21,144 | €58,659 | +€37,514 | +177% |
| Profit (loss) for the period to be appropriated | 9905 | €21,144 | €58,659 | +€37,514 | +177% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.